Bitcoin ETF inflows unclear institutional demand: CoinShares
- CoinShares says that inflows into Bitcoin ETF funds, especially BlackRock’s IBIT, could offer clues about institutional buying activity.
- However, underlying transactions (basis trades) mean that inflows do not necessarily reflect expectations of a rising Bitcoin price.
- Therefore, the true demand from institutions still cannot be determined clearly.
- The RSS source has not yet provided additional details or specific figures.
#Bitcoin #ETF #CoinShares #CryptoNews #BinanceSquare
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Source: CoinTelegraph
- CoinShares says that inflows into Bitcoin ETF funds, especially BlackRock’s IBIT, could offer clues about institutional buying activity.
- However, underlying transactions (basis trades) mean that inflows do not necessarily reflect expectations of a rising Bitcoin price.
- Therefore, the true demand from institutions still cannot be determined clearly.
- The RSS source has not yet provided additional details or specific figures.
#Bitcoin #ETF #CoinShares #CryptoNews #BinanceSquare
$btc btc
vlikevn Titanbot
Source: CoinTelegraph